U Mobile Confirms That It Will Exit From Dnb Sha, In Line With Terms Of Transition As The Nation’s Newest 5g Network Provider

U Mobile Confirms That It Will Exit From Dnb Sha, In Line With Terms Of Transition As The Nation’s Newest 5g Network Provider

U Mobile has reaffirmed its commitment to roll out the nation’s Next Gen 5G Network and as previously highlighted, the company will reach 80% Coverage of Populated Areas (CoPA) within 12 months. As part of the company’s transition as the country’s newest 5G network provider, U Mobile will exit from the Shareholders’ Agreement (SHA) with Digital Nasional Berhad (DNB), divesting its entire 100,000 shares in DNB for a total consideration of RM100,000.

U Mobile would like to assure customers that their 5G experience would not be impacted by their SHA exit as the company will continue to maintain a 5G wholesale Access Agreement with DNB. This enables the company to offer commercial 5G services while deploying its own 5G network, ensuring a seamless 5G experience for its customers.

U Mobile is looking forward to providing enhanced connectivity and innovative services to all Malaysians through its upcoming Next Gen 5G network, contributing to a competitive and digitally empowered future for Malaysia.